Law Firms and Leaders

According to the NALP Foundation’s 2017 Update on Associate Attrition Report, 44 percent of associates leave their firms after being there for three years.

The report states that “the costs of attorney recruiting and attrition are taking an ever-increasing toll on each firm’s bottom line. The nation’s largest law firms spend billions of dollars each year to recruit, train, and ultimately lose lawyers from their ranks.”

When an attorney leaves a firm, the cost to the firm ranges from $400,000 to more than $800,000 and turn over costs the legal industry roughly $9.1 billion annually in just the 400 largest firms in the United States.

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How are you developing leaders?

I am intimately familiar with the challenges that come with building, leading, and expanding a practice group and I support my clients to do the same. Whether you are a firm developing future talent, a new partner, a solo practitioner, or a long-time leader, I have the tools and experience to support you to build and motivate a team, grow and expand your client base, develop your team, and expand your leadership skills.

How is your firm addressing attrition?

More and more firms look to coaching as a recruitment, retention, talent management, and leadership development tool. Coaching allows practice group leaders to focus on the work at hand while engaging outside support to mentor, grow, and develop attorneys at all levels.

“Everyone needs a coach.”

Bill gates